New Opinion Confirms Growing Trend Away from “Zero Tolerance” Cannabis Bankruptcy Relief Policy
Canna Law Blog
APRIL 6, 2023
The courts have consistently indicated debtors who work in the cannabis industry or derive meaningful income from cannabis activity (directly or indirectly) cannot use bankruptcy, a federal mechanism, so long as marijuana remains illegal under federal law. brand, also known as “Lowell Farms.” It stopped operating in February 2021.
Let's personalize your content